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AMTRAX Ltd

Loan Finance Software by Intersoft

Loan Finance Companies require more features and functionality from a loan finance software package than ever before

Intersoft Systems Ltd is a software development company that has been operating since 1981. They have developed a wide range of accounting, lending software and specialist vertical market products.

One of those key vertical market products has been a system specifically designed for Finance Companies. Intersoft's first loan finance software

system was developed in 1982 and has since been through a number of transformations. Each transformation has been an improvement on the previous version, with new features and functionality being added.

The finPOWER Series of loan software for Finance Companies, has been developed using the latest in technologies and greatly expands on the functionality of previous versions. Intersoft Systems has recognised the need for a comprehensive series of systems in the market that are reliable, easy to use and relevant to the loan finance industry.

The finPOWER Loan Finance software Series is comprised of a base system and key functional areas that offer a wide number of different Loan and Deposit types. These may be enhanced by a number of optional add-ons that need only be purchased if required. This allows for changing requirements and system growth that can match that of your loan finance company.

Key functional areas of finPOWER:

Easy to Use Windows Interface

finPOWER maximises the use of the Windows(tm) Graphical User Interface (GUI) to create a friendly environment that is easy to navigate and learn.

Client File

The Client file includes information regarding contact details, past addresses, notes with action dates, a photo of the client and Loans and Deposits the client is associated with, either as the main lendee / lender, a joint name or as a guarantor.

Microsoft Office Integration

finPOWER is closely integrated to MS Office 2000/XP, giving access to the functionality of Word, Excel and Access. Formatting features of Word can be fully incorporated, along with high-level VBA tools to enhance your documentation.

Depositors

Depositors tracks funds that have been deposited with the company. It handles funds that have been deposited for either a fixed term or "On Call", and at a fixed rate of interest or interest calculated on the daily balance. It can also handle a variety of automatic maturity options.

Credit Control

finPOWER can produce Overdue Letters for early detection and actioning of arrears. Letters ranging from mild reminders through to pre-possession and repossession authorities can be generated. Agreement Forms, New Loan and Thank you letters can also be created. Additionally, Penalty Interest can be calculated on Overdue Loans, including "processing fees".

Payment Schedule

Each Loan has its own Payment Schedule allowing adjustments to be made to the payment stream where a client's financial situation changes. This enables you to record payment arrangements, and from then onwards all overdue balances are based on these adjustments.

Bank Interfaces

finPOWER loan finance software provides an interface facility to all major NZ Trading Banks. The interface can be used for Direct Credits (i.e. paying out deposit Interest and maturing deposits), Direct Debits and importing Bank Statement information for easy payment processing.

Transaction Wizards

finPOWER uses Transaction Wizards to guide Users through many of the advanced transactions making transaction entry in this loan finance software easy and simple.